NOT LISTED FOR SALE

525 Midway Dr Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $112,000 - $132,000

2 Beds
2 Baths
1,138 Sq Ft
$181/mo HOA Fee

Last Sold October 26, 2013

Last sale price $36,000 $32 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $899/month

77 Days on Market

Highlights

  • Lake Front
  • Race Track
  • Active Adult
  • Access To Lake
  • Gunite Pool
  • Furnished

About This Home

As of October 2013

WHAT A LIFESTYLE, POOL, LAKE WITH WATERFALL, PALM TREES, WONDERFUL LANDSCAPING, WILDLIFE, ETC. THIS UNIT IS IMMACULATE, LIKE BRAND NEW. UPDATED KITCHEN, NEWER CARPET, NEWER APPLIANCES. TURN KEY. HOME IS VERY CLOSE TO POOL AND OVERLOOKS LAKE. JOIN THE CLUB AND PLAY GOLF EVERYDAY. THIS IS A WONDERFUL INVESTMENT. YOU DON'T FIND THESE CONDOS IN THIS GOOD OF SHAPE VERY OFTEN. THIS UNIT HAS 2 SEPERATE BATHROOMS AND TWO NICE SIZED BEDROOMS. FLORIDA ROOM OVERLOOKS BEAUTIFUL LAKE WITH WATERFALL.

Last Agent to Sell the Property

Frank Falbo

PLATINUM HOMES AND LAND REALTY License #3078460 Listed on: 06/18/2013

Last Buyer's Agent

Michael Rutledge

HOMERUN REALTY License #3274788

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $767

Year Built

  • Built in 1972

Lot Details

  • Lake Front
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $181 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Pool Tile

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Access To Lake
  • Race Track

Listing and Financial Details

  • Property Available on 6/18/13
  • Assessor Parcel Number 90493-17-203

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, insurance, maintenance structure, ground maintenance
  • Live Oak Vlg Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$767

Year Built

Built in 1972

Lot Details

0

HOA Fees

$181 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1138
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1298
  • Lot Size Sq Ft: 504
  • Status: Sold
  • RATIO Current Price By Calculate: 31.63
  • Water Access YN: 1
  • Barn Features: None
  • Last Date Available: 2013-11-18T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Additional Rooms: Formal Dining Room Separate

Exterior Features

  • Pool Features: Gunite, Tile
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Water Access, Waterfront
  • Association Fee: 181
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 181.00

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 90493-17-203
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Furnished
  • Available Date: 2013-06-18
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 767
  • Tax Book Number: J-342

Multi Family

  • Waterfront Features: Lake
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Strebbing Linda Ann Orf and Strebbing David Raymond
Bought by
Toghanjan Soudy
Current Estimated Value
$120,748

Purchase Details

Closed on
Jun 28, 2019
Sold by
Benfield Norman Eugene and Benfield Michelle J
Bought by
Orf Linda Ann

Purchase Details

Closed on
Feb 19, 2016
Sold by
Hartman Jerry
Bought by
Benfield Norman Eugene and Benfield Michelle J

Purchase Details

Closed on
Feb 5, 2016
Sold by
Mclean Michael
Bought by
Hartman Jerry

Purchase Details

Listed on
Jun 18, 2013
Closed on
Oct 25, 2013
Sold by
Whitcombe Gertrud
Bought by
Mclean Michael
Seller's Agent
Frank Falbo
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Michael Rutledge
HOMERUN REALTY
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$27,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Jouret E J and Jouret Jean S
Bought by
Whitcombe Ronald and Whitcombe Gertrud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toghanjan Soudy $79,900 A1 Title Of The Nature Coast
Orf Linda Ann $58,000 First American Title Ins Co
Benfield Norman Eugene $36,000 1St Quality Title Llc
Hartman Jerry $34,000 1St Quality Title Llc
Mclean Michael $36,000 1St Quality Title Llc
Whitcombe Ronald $39,000 Ocala Land Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclean Michael $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $36,000 -- --
10/26/2013 10/26/13 Sold $36,000 -9.8% $32 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $39,900 -- $35 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,005 $78,200 -- --
2023 $969 $75,922 $0 $0
2022 $947 $73,711 $30,000 $43,711
2021 $905 $64,354 $25,000 $39,354
2020 $1,280 $49,127 $15,000 $34,127
2019 $1,155 $42,910 $2,319 $40,591
2018 $1,044 $38,201 $2,319 $35,882
2017 $1,019 $36,821 $2,330 $34,491
2016 $977 $35,273 $0 $0
2015 $943 $32,066 $0 $0
2014 $835 $29,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Falbo

    Seller's Agent in 2013

    Frank Falbo

    PLATINUM HOMES AND LAND REALTY

    (352) 274-5645

    63 in this area

    828 Total Sales

    Frank Falbo
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Rutledge

    HOMERUN REALTY

    (352) 427-4985

    2 in this area

    18 Total Sales

    Michael Rutledge
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM392036

Stellar MLS

APN: 90493-17-203

Florida Marion County Ocala 34472 Silver Spring Shores

525 Midway Dr, Ocala, FL

Not Listed for Sale

Condos

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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